Varonis Systems stock heads into October 27 results after 18.3% growth

Published on 10/06/2026 at 13:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Varonis Systems stock was last at USD 48.15 on October 5, 2026, up 1.22 percent. Q2 revenue reached USD 180.02 million, while analysts set a USD 51.32 average target.

VRNS, US9222801022, Illustration mit AI erstellt.

Varonis Systems (ISIN US9222801022) was last at USD 48.15 on Nasdaq on October 5, 2026, up 1.22 percent from the prior close. The company heads toward its next scheduled report on October 27, 2026, after second-quarter revenue rose 18.3 percent year over year to USD 180.02 million, according to MarketBeat.

Revenue growth sets the pace

In the Q2 2026 earnings call dated July 28, 2026, Varonis reported revenue of USD 180 million, up 18 percent year over year, while SaaS annual recurring revenue excluding conversions increased 25 percent to USD 598.1 million, according to Yahoo Finance.

The company guided for Q3 revenue of USD 185 million to USD 188 million, equivalent to 14 percent to 16 percent year-over-year growth. Full-year revenue guidance stands at USD 735 million to USD 739 million, while free cash flow guidance is USD 105 million to USD 110 million, according to Yahoo Finance.

Profitability remains the counterweight

Varonis is still balancing expansion with earnings pressure. The Q2 2026 statement showed diluted EPS of negative USD 0.41, compared with negative USD 0.32 in Q2 2025, while revenue growth remained positive, according to Simply Wall St. That combination makes the October report a test of whether SaaS expansion can translate into improving profitability.

Analysts see measured upside

The consensus remains constructive but measured. Stock Analysis lists a Buy consensus from 24 analysts and an average 12-month price target of USD 51.32.

Recent analyst action has also been mixed. Wedbush downgraded Varonis from Outperform to Neutral while raising its price target from USD 37 to USD 46 on September 11, 2026, according to MarketScreener.

VRNS stock stays below its yearly high

VRNS stock was last at USD 48.15 on Nasdaq at 4:00 p.m. ET on October 5, 2026, within a session range of USD 47.53 to USD 48.64. The 52-week range was USD 19.70 to USD 63.90, leaving the price 24.6 percent below the high; market capitalization was USD 5.5 billion and volume was 1,028,733 shares.